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731 Melrose Ave; Aurora, IL Property Details

731 Melrose Ave, Aurora, IL is a Single Family that was built in 1954. This property is currently Financed and is not for sale. Our records show that 731 Melrose Ave has 2 bedrooms, and 1 bathroom, and a total of 1,124 square feet. The lot size of 731 Melrose Ave is 6,384 square feet.

Off market  •   Bankruptcy ✓
731 Melrose Ave Aurora, IL 60505
$215,000 Listing Price
2 Beds
1 Baths
1,124 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1954
  • Purchase Price: $215,000
  • Open Loans / Balance: 2 / $201,982
  • Est. Equity / %: $40,018 / 16.54%
  • Gross Yield: 11.093%
  • APN: 15-34-283-010
  • Situs County: Kane
  • Length Of Ownership: 3 years, 1 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 1
  • Water Source: Well

Measurements

  • Total: 1,124/SqFt
  • Lot: 6,384/SqFt
  • Gross: 1,124/SqFt
  • Living: 1,124/SqFt
  • Building: 1,124/SqFt
  • Ground: 1,124/SqFt
  • Price Per Square Foot: $191.28

Legal Description

  • Description: SOUTH PARK ADDN : LOT 24 BLK 12 LOT DIMENSIONS: 48 X 133 APPROX LOT SQ FT 6384 SUBDIVISION: ASHLND-MONT-HOWELL-DOUGLAS RANGE CODE: 001
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Aurora East Unit School District 131
  • Lat / Lon: 41.732975 / -88.30109
  • Subdivision: Ashlnd-Mont-Howell-Douglas
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 5724
  • Cooling: None

Ownership Info

731 Melrose Ave has no associated ownership info
731 Melrose Ave has no associated ownership info.

Taxes

731 Melrose Ave has 10 associated Taxes items

731 Melrose Ave, Aurora, IL pays taxes in Kane County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $55,045. The APN we've located for 731 Melrose Ave is 15-34-283-010.

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Taxes
  • Assessed Value:  $55,045
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  15-34-283-010
  • Assessed Land Value:  8855
  • Market Land Value:  26576
  • Tax Amount:  2542.02
  • Tax Year:  2025
  • Market Value:  165201
  • Market Year:  2025

Tax History

731 Melrose Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $55,045 Land Value $8,855 Improvement Value $46,190 Tax Amount $2,542.02 Change Rate Assessed CR Tax Rate +0.046181%
Year 2024 Assessed Value $50,320 Land Value $8,095 Improvement Value $42,225 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $44,961 Land Value $7,233 Improvement Value $37,728 Tax Amount $2,204.16 Change Rate +0.046014% Assessed CR Tax Rate +0.049024%
Year 2022 Assessed Value $41,022 Land Value $6,599 Improvement Value $34,423 Tax Amount $2,107.2 Change Rate +0.018119% Assessed CR Tax Rate +0.051368%
Year 2021 Assessed Value $38,192 Land Value $6,144 Improvement Value $32,048 Tax Amount $2,069.7 Change Rate +0.056757% Assessed CR Tax Rate +0.054192%
Year 2020 Assessed Value $35,475 Land Value $5,707 Improvement Value $29,768 Tax Amount $1,958.54 Change Rate +0.024405% Assessed CR Tax Rate +0.055209%
Year 2019 Assessed Value $32,869 Land Value $5,288 Improvement Value $27,581 Tax Amount $1,911.88 Change Rate +0.05245% Assessed CR Tax Rate +0.058167%
Year 2018 Assessed Value $30,206 Land Value $4,891 Improvement Value $25,315 Tax Amount $1,816.6 Change Rate -0.990038% Assessed CR Tax Rate +0.06014%
Year 2017 Assessed Value $28,317 Land Value $4,507 Improvement Value $23,810 Tax Amount $182,356.72 Change Rate +84.333046% Assessed CR Tax Rate +6.439832%
Year 2016 Assessed Value $24,041 Land Value $4,545 Improvement Value $19,496 Tax Amount $2,137 Change Rate Assessed CR Tax Rate +0.08889%
Year 2015 Assessed Value $21,357 Land Value $3,908 Improvement Value $17,449 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $21,137 Land Value $3,592 Improvement Value $17,545 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $23,364 Land Value $3,813 Improvement Value $19,551 Tax Amount Change Rate Assessed CR Tax Rate